AmTrust is one of the leading writers of Workers Compensation business in the United States. We write a varied portfolio of over $2.4 billion in premium. The Actuary in this role will participate in pricing efforts for AmTrusts Workers Compensation book. They will work under the supervision of senior actuaries to perform rate indications and pricing strategies, in collaboration with underwriting, for our countrywide book. The person in this position will participate in our continuous effort to improve tools in evaluating, monitoring, and better understanding our Workers Compensation book

• Perform impact analysis and provide actuarial support for our WC rate filings.
• Analyze bureau loss cost changes in order to form opinions on resulting actions we should take.
• Perform competitor analysis with industrywide data.
• Facilitate annual WC state rate indication process, and more detailed profitability analysis to recommend strategic options.
• Participate in special profitability studies of segments of the portfolio.
• Produce exhibits for Pricing Committee to discuss.
• Prepare exhibits to monitor results of Pricing Committee decisions.
• Perform large account pricing analyses. Discuss results and appropriate course of action.
• Perform special profitability studies of segments of the portfolio.
• Collaborate with Predictive Modeling/Data Science team to implement, update, monitor, and improve all predictive tools, including adding new tools.
• Participate research studies into various aspects of our Workers Comp book to further our understanding of the drivers.
• Participate in annual Workers Compensation loss ratio budgeting exercise.
• Participate in annual strategic planning exercises, including defining preferred business segments and segments to de-emphasize.
• Understand pricing and claim data to facilitate data quality improvements
• Work with Ceded Reinsurance team on all AmTrust ceded re submissions, as needed.
• Build or adapt needed tools to perform the tasks necessary for the role, under direction on Pricing Manager or Senior Actuary.
• Special projects, as assigned.

• BS, BA in mathematics, actuarial science or a related field. Higher degree is preferred.
• Working seriously towards FCAS. Success on 1 ~ 3 actuarial exams preferred.
• 0 ~ 2 years of Actuarial experience in a commercial property-casualty insurance company.
• Excellent written and verbal communication skills, including correct use of grammar, spelling and punctuation. English required.
• Experience in pricing of primary and/or reinsurance business is preferred.
• Workers Compensation experience is greatly preferred.
• Efficient knowledge of MS Office, particularly Excel. Knowledge of SQL, SAS, R, and VBA preferred.

What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust Financial Services is committed to a policy of Equal Employment Opportunity.

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